Lockheed invests $300M in Texas plant to feed missile surge

Lockheed Martin is investing $300 million to expand its plant in Grand Prairie, Texas, which supports all programs across its Missiles and Fire Control business, including the PAC-3 MSE and THAAD interceptors, the Precision Strike Missile and the AIM-260 Joint Advanced Tactical Missile. The company said Oct. 14 that the expansion will help the plant reach record production levels and deliver components to final-assembly sites, including Camden, Arkansas and Troy, Alabama. The project expands the plant’s manufacturing footprint to more than 735,000 square feet. The expansion adds 100,000…